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To: Ironyman who wrote (35855)	6/24/1999 11:18:00 PM
From: Hawkmoon	Respond to of 116815

Eric, You make a valid point. But then again, maybe they aren't concerned over that. Either way, discovery is a VERY expensive process and it could tie up GATA's finances for years to come. Unless they can find a lawyer who will take it pro-bono.. (fat chance). Regards, Ron

To: Ironyman who wrote (35855)	6/25/1999 6:40:00 AM
From: Bobby Yellin	Respond to of 116815

Hi I think everybody be might tainted on the other side already..maybe I am wrong but if the hubris(or terror of losing) of a small group of people could create that much leverage(ps I heard the rumor that when they realized they were in trouble they leveraged up even more so they would be too big to fail)and possibly bring down the whole financial scene and then be allowed to continue "doing their thing"..shouldn't there be some of law for "reckless hedging".. GATA has won already..Bill has forced the financial community to acknowledge something is seriously wrong in the "state of Denmark".. instead of allowing the "hypocrisy" to go on of pretending that the system works just fine.. furthermore, although jobs have been created this cycle, Greenspan and company has now put the retirement funds of extremely hard working US citizens in jeopardy short term(ps I think if there is a meltdown..if those citizens don't panic if it happens and hold long term..then the market will be a lot higher in six years ..)(curious if a meltdown starts will government start putting out numbers where they expect the Dow to be in ten years to prevent panic)